The global right angle gearbox market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the market can be attributed to the increasing demand for right angle gearboxes in various applications such as agricultural machines and energy machinery. The increasing demand for these products is due to their ability to reduce power losses and increase efficiency in various applications.
The twway right angle gearbox segment accounted for the largest share of the global market in 2017, followed by three-way right angle gearboxes and four-way right angle gearboxes respectively. The twway segment is expected to maintain its dominance throughout the forecast period owing to its wide application scope across different industries such as agriculture, energy machinery, etc, which are witnessing an increased demand for these products owing to their ability to reduce power losses and increase efficiency in various applications.
Some Of The Growth Factors Of This Market:
- The increasing demand for power transmission equipment in the global market is a major factor driving the growth of the right angle gearbox market.
- The increasing need for high-efficiency and low-emission power transmission equipment is also driving the growth of this market.
- The growing demand for electric vehicles is also a major factor driving this market's growth, as right angle gearboxes are used in electric motors to convert torque into rotational motion, which helps to reduce emissions and increase efficiency levels.
- Increasing investments by key players in research and development activities will help propel this market's growth over the next few years.
- Increasing focus on reducing carbon footprint by governments across various regions will also drive this market's growth.
Industry Growth Insights published a new data on “Right Angle Gearbox Market”. The research report is titled “Right Angle Gearbox Market research by Types (Two-Way Right Angle Gearbox, Three-Way Right Angle Gearbox), By Applications (Agricultural Machine, Energy Machinery), By Players/Companies Zero-Max, Andantex USA, KG Gear, Sumitomo Drive Technologies, WC Branham, Tramec, Tolomatic, Ondrives, STM Power Transmission, Ketterer, Nidec Graessner, Nosen M&E Technology, Newstart, SPN Drive, Hema Endustri, Zipp Group, Bonfiglioli”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Right Angle Gearbox Market Research Report
By Type
Two-Way Right Angle Gearbox, Three-Way Right Angle Gearbox
By Application
Agricultural Machine, Energy Machinery
By Companies
Zero-Max, Andantex USA, KG Gear, Sumitomo Drive Technologies, WC Branham, Tramec, Tolomatic, Ondrives, STM Power Transmission, Ketterer, Nidec Graessner, Nosen M&E Technology, Newstart, SPN Drive, Hema Endustri, Zipp Group, Bonfiglioli
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Right Angle Gearbox Market Report Segments:
The global Right Angle Gearbox market is segmented on the basis of:
Types
Two-Way Right Angle Gearbox, Three-Way Right Angle Gearbox
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agricultural Machine, Energy Machinery
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zero-Max
- Andantex USA
- KG Gear
- Sumitomo Drive Technologies
- WC Branham
- Tramec
- Tolomatic
- Ondrives
- STM Power Transmission
- Ketterer
- Nidec Graessner
- Nosen M&E Technology
- Newstart
- SPN Drive
- Hema Endustri
- Zipp Group
- Bonfiglioli
Highlights of The Right Angle Gearbox Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Two-Way Right Angle Gearbox
- Three-Way Right Angle Gearbox
- By Application:
- Agricultural Machine
- Energy Machinery
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Right Angle Gearbox Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A right angle gearbox is a type of gearbox that has two input shafts and one output shaft, which are all at right angles to each other. This allows the gears to turn more easily because they don't have to cross each other.
Some of the major players in the right angle gearbox market are Zero-Max, Andantex USA, KG Gear, Sumitomo Drive Technologies, WC Branham, Tramec, Tolomatic, Ondrives, STM Power Transmission, Ketterer, Nidec Graessner, Nosen M&E Technology, Newstart, SPN Drive, Hema Endustri, Zipp Group, Bonfiglioli.
The right angle gearbox market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Right Angle Gearbox Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Right Angle Gearbox Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Right Angle Gearbox Market - Supply Chain
4.5. Global Right Angle Gearbox Market Forecast
4.5.1. Right Angle Gearbox Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Right Angle Gearbox Market Size (000 Units) and Y-o-Y Growth
4.5.3. Right Angle Gearbox Market Absolute $ Opportunity
5. Global Right Angle Gearbox Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Right Angle Gearbox Market Size and Volume Forecast by Type
5.3.1. Two-Way Right Angle Gearbox
5.3.2. Three-Way Right Angle Gearbox
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Right Angle Gearbox Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Right Angle Gearbox Market Size and Volume Forecast by Application
6.3.1. Agricultural Machine
6.3.2. Energy Machinery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Right Angle Gearbox Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Right Angle Gearbox Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Right Angle Gearbox Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Right Angle Gearbox Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Right Angle Gearbox Demand Share Forecast, 2019-2026
9. North America Right Angle Gearbox Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Right Angle Gearbox Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Right Angle Gearbox Market Size and Volume Forecast by Application
9.4.1. Agricultural Machine
9.4.2. Energy Machinery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Right Angle Gearbox Market Size and Volume Forecast by Type
9.7.1. Two-Way Right Angle Gearbox
9.7.2. Three-Way Right Angle Gearbox
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Right Angle Gearbox Demand Share Forecast, 2019-2026
10. Latin America Right Angle Gearbox Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Right Angle Gearbox Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Right Angle Gearbox Market Size and Volume Forecast by Application
10.4.1. Agricultural Machine
10.4.2. Energy Machinery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Right Angle Gearbox Market Size and Volume Forecast by Type
10.7.1. Two-Way Right Angle Gearbox
10.7.2. Three-Way Right Angle Gearbox
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Right Angle Gearbox Demand Share Forecast, 2019-2026
11. Europe Right Angle Gearbox Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Right Angle Gearbox Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Right Angle Gearbox Market Size and Volume Forecast by Application
11.4.1. Agricultural Machine
11.4.2. Energy Machinery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Right Angle Gearbox Market Size and Volume Forecast by Type
11.7.1. Two-Way Right Angle Gearbox
11.7.2. Three-Way Right Angle Gearbox
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. arket Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Right Angle Gearbox Demand Share, 2019-2026
12. Asia Pacific Right Angle Gearbox Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Right Angle Gearbox Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Right Angle Gearbox Market Size and Volume Forecast by Application
12.4.1. Agricultural Machine
12.4.2. Energy Machinery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Right Angle Gearbox Market Size and Volume Forecast by Type
12.7.1. Two-Way Right Angle Gearbox
12.7.2. Three-Way Right Angle Gearbox
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Right Angle Gearbox Demand Share, 2019-2026
13. Middle East & Africa Right Angle Gearbox Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Right Angle Gearbox Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Right Angle Gearbox Market Size and Volume Forecast by Application
13.4.1. Agricultural Machine
13.4.2. Energy Machinery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Right Angle Gearbox Market Size and Volume Forecast by Type
13.7.1. Two-Way Right Angle Gearbox
13.7.2. Three-Way Right Angle Gearbox
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Right Angle Gearbox Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Right Angle Gearbox Market: Market Share Analysis
14.2. Right Angle Gearbox Distributors and Customers
14.3. Right Angle Gearbox Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zero-Max
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Andantex USA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KG Gear
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Drive Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WC Branham
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tramec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tolomatic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ondrives
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. STM Power Transmission
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ketterer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nidec Graessner
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nosen M&E Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Newstart
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SPN Drive
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hema Endustri
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Zipp Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Bonfiglioli
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
